Carrying Amount Date (Debt Investments) Presented below is an amortization schedule related to Spangla P17.1 (L01) Company's 5-year, $100,000 bond with a 7% interest rate and a 5% yield, purchased on December 31 2016, for $108,660. 101935 anos Cash Interest Bond Premium Revenue Amortization of Bonds Received 12/31/16 be 12/31/17$7,000 $5,433 $1,567 DTO 12/31/18 7,000 5,354 1,646 12/31/197,000 5,272 1,728 12/31/20 7,000 5,186 1,814 12/31/21 5,095 1,905 The following schedule presents a comparison of the amortized cost and fair value of the bonds at year-end 12/31/17 12/31/18 12/31/1912/31/20 Amortized cost $107,093 $105,447 $103,719 $101,905 Fair value 106,500 107,500 105,650 $108,660 107,093 105,447 103,719 101,905 7,000 100,000 12/31/20 $100,000 103,000 S 100,000 ket Bob Instructions a. Prepare the journal entry to record the purchase of these bonds on December 31, 2016, assuming the bonds are classified as held-for-collection investments. b. Prepare the journal entry(ies) related to the held-for-collection bonds for 2017. c. Prepare the journal entry(ies) related to the held-for-collection bonds for 2019. d. Prepare the journal entry(ies) to record the purchase of these bonds, assuming they are classified as trading e. Prepare the journal entry(ies) related to the bonds for 2017, assuming they are classified: (1) trading, and (2) held-for-collection and selling (HFCS). qolso adi oli to f. Prepare the journal entry(ies) related to the trading bonds for 2019